Posted in Office on April 12, 2017

SALE Office | Medical | Dental Condo 5477 Glen Lakes, Dallas TX

SALE Office | Medical | Dental Condo 5477 Glen Lakes, Dallas TX
 

LISTING & FLYER PACKAGE : http://loopnet.com/Listing/20101374
MAP : https://goo.gl/maps/ecSrUrCqper

  • Area: ~0.2 miles NW of Presbyterian Hospital | ~400 Ft to DART Stationhttps://goo.gl/maps/LQK1eoiY65S2
     
  • Condo For Sale: Plan Area 1& 4 = 5,656 USF up to entire 1st floor – 18,395 RSF.

Seller prefers to retain Areas (2, 3, & 6), BUT will Sell, Lease Back, or Vacate as needed.

  • Current Finish: Mostly 2nd Gen. Medical & Mostly to the studs remodel in 2006

NOTE: Demolition to achieve larger spaces cost a fraction of construction

  • Pricing: $200 – $250 / SF depending on size, finish, & location.

Sellers are MOST interested in selling their entire 1st floor & are encouraging offers.

  • Expenses: 2017 Estimated: $9.82/RSF/yr. includes Utilities (a Common Area Factor applies)
  • Voting Rights: Only transfer if purchase the entire floor (51% of the building)
  • Building Signage: Negotiable if buy less than the full floor + Interior Directory
  • Location – https://goo.gl/maps/sAMg91sXQf52
  • Other Tenants:
    1st floor:      See rent-roll
    2nd floor:     (NOT a part) Psych Group & Fertility Clinic

Plan Area

Percent of floor

Rentable SF

Common Area Factor

Leasable / Usable SF

1,4

37.93%

6,976

18.936% (reciprocal is 81.064%)

5,656

1,2,4,5

57.11%

10,506

8,516

1,2,3,4,5,6

69.78%

12,837

10,406

1st floor

100%

18,395

14,911

Other configurations are negotiable

Hugh Resnick | 972.404.0008 | Hugh@Pizel.com
Langley Enterprises, Inc. dba Pizel & Associates Commercial Real Estate
Information obtained from sources believed reliable; however, Pizel & Associates makes no warranties as to accuracy.

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